London pub The Bedford sold to Three Cheers Pub Co

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Three Cheers Pub Co is planning a multi-million-pound refurbishment of landmark south London pub, The Bedford, after acquiring the lease.

Taking the group’s estate up to the eight, The Bedford in Bedford Hill in Balham features a variety of different spaces used for live music, club nights and Banana Cabaret in its Globe Theatre space.

Three Cheers Pub Co, headed by founders Tom Peake, Mark Reynolds and Nick Fox, will run the historic pub for a number of months before closing it for refurbishment.

They promise that “great food”, beer and wine as well as comedy and live music will remain at the heart of the venue.

Tom said: “We are absolutely delighted to confirm we are taking on The Bedford. It’s such an iconic London venue which we have known all our lives. This represents a huge milestone for Three Cheers Pub Co and it will be a fabulous addition to our collection of pubs.”

The company’s other sites are The Avalon in Balham, The Abbeville and The Stonhouse in Clapham, The Bolingbroke and The Latchmere in Battersea, The Tommyfield in Kennington and The Rosendale in Dulwich, all in south London.

Dating back to 1830, the pub has been built up as a destination by entrepreneurs Karl Harrison and Scott Illman who have sold the lease to Three Cheers Pub Co for an undisclosed sum.

Karl, who has owned The Bedford since 2004, said: “It’s been a huge privilege and a responsibility to be part of The Bedford. Making the decision to leave hasn’t been easy but as I currently reside in Vancouver we felt that the time was right.

“We wanted the new owners to be people that understood pubs, had a connection to Balham and really grasped what The Bedford is about. Tom, Mark and Nick are the perfect fit and I’m delighted they will be taking The Bedford forward.”

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